Greece's wide-ranging privatization program is a part of its
bailout agreement, so it's yet to be seen how the country's major
international creditors react.

Here's more from the Reuters report:

In a separate step, the deputy minister in charge of
administrative reform, George Katrougkalos said the government
would reverse some layoffs of public sector workers, rolling back
another key bailout measure.

"It will be one of the first pieces of legislation that I will
bring in as a minister," he told Mega TV.

They're not wasting any time.

Newswires reported Tuesday that German Chancellor Angela Merkel
found the debate about Greece's debts "astonishing," presumably
suggesting that she was not very happy with the idea of
significant reductions. She's not the only one:
Finnish Prime Minister Alex Stubb has voiced his disapproval,
along with senior European Central Bank and European Commission
functionaries.

The government in Athens still most likely has to negotiate an
extension to its bailout to cover its immediate financing needs,
and its rapid reversal of the previous government's austerity
measures is likely to make those
negotiations very interesting.